Balance Sheets December 31, 2020 and 2019 2020 2019 $ 22,eee 78, eee 103,eee $ 203,000 5e,eee 125,000 (65,eee) $ 313, eee $ 20,eee 72,eee 99, eee $191, eee 40,eee 110,eee (6e,eee) $ 281, eee Assets Cash Accounts receivable Merchandise Inventory Total current assets Land Plant and equipment Less: Accumulated depreciation Total assets Liabilities Short-term debt Accounts payable Other accrued liabilities Total current liabilities Long-term debt Total llabilities Stockholders' Equity Connon stock, no par, 10e,eee shares auth ized 40,000 and 25,000 shares issued, respectively Retained earnings: Beginning balance Net Income for the year Dividends for the year Ending balance Total stockholders' equity Total liabilities and stockholders' equity $ 18,eee 65,200 2e,eee $ 103, 20e 22.000 $ 125,280 $ 17,000 75,500 18.000 $ 110, see 38,eee $ 140, 500 $ 74,000 $ 59,000 $ 81, see 52,300 (2e,eee) $ 113,888 $ 187,800 $ 313,000 $ 85,eee 1. See (5,000) $ 81, See $ 140,5ee $ 281,00 Required: a. Calculate ROI for 2020. (Do not round Intermediate calculations. Round your final answer to 2 decimal places.) b. Calculate ROE for 2020. (Round your answer to 1 decimal place.) Calculate working capital at December 31, 2020 d. Calculate the current ratio at December 31, 2020. (Round your answer to 2 decimal places.) e. Calculate the acid-test ratio at December 31, 2020. (Round your answer to 2 decimal places.) f. Assume that on December 31, 2020, the treasurer of Hames decided to pay $15.000 of accounts payable. What Impact If any, this payment will have on the answers you calculated for parts a-d (Increase, decrease or no effect). 9. Assume that instead of paying $15,000 of accounts payable on December 31, 2020. Hames collected $15.000 of accounts recevable. What impact, if any, this receipt will have on the answers you calculated for parts a d increase, decrease or no effect). a ROI b. ROE c. Working capital d. Current ratio e Acid test ratio ROI ROE Working capital Current ratio 9 ROI $ 99,800 1.97 0.97 Increase No effect No effect Increase No effect No effect No effect No effect ROE Working capital Current ratio